Military Metals (CSE:MILI) is participating in the European Union-sponsored European Institute of Innovation and Technology (EIT) Raw Materials Summit in Brussels, Belgium.
EIT Raw Materials, held from 13-15 May 2025, is an industry conference that gathers global stakeholders to discuss the future of sustainable resource management.
The company is inviting attendees, including EU officials, EU funding sources, investors and strategic partners to request a private meeting through the conference app.
Military Metals says one of the main objectives of EIT Raw Materials is to connect critical minerals projects with funding opportunities as the EU aims to strengthen its domestic supply chain.
The European Commission says raw materials are crucial for its economy as they form a strong industrial base, producing a range of goods and applications used in everyday life and modern technologies.
In 2020, a European Raw Materials Alliance was formed to secure a sustainable supply of raw materials in Europe, in which EIT Raw Materials identifies opportunities and barriers and creates relevant investment cases with stakeholders and industry partners.
CEO Scott Eldridge says the ReArm European plan announced earlier this year is a major defence initiative to strengthen the nation’s military capabilities and take greater responsibility for its security.
“The estimated potential funding is €800 billion ($1.39 trillion), with an emphasis towards European-made equipment,” Eldridge says.
“In parallel, the EU is pressing forward with the goals of the Critical Raw Materials Act to increase local production of key minerals including antimony.
“Participating in the EIT Raw Materials Summit is a valuable opportunity to showcase our commitment to future sustainable mining practices and to help the EU solve the issue of its control of key critical minerals.”
Military Metals is a British Columbia-based mineral explorer primarily focused on antimony. The company owns three assets in Slovakia, including the Trojarova, Tienesgrund, and Medvedi Potok projects.
Write to Aaliyah Rogan at Mining.com.au
Images: Military Metals
